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Tag: cairo
Telecom Italia sells La7 to Cairo for EUR 1 million
2013-03-05 09:01:00| Telecompaper Headlines
(Telecompaper) Telecom Italia Media has agreed to sell Italian national broadcaster La7 to Cairo Communications for EUR 1 million. Before the transfer of the shareholding, La7 will undergo a capital increase that will leave it with a net positive financial position not higher than EUR 88 million. The recapitalisation will also bring the broadcaster's shareholders equity up to the agreed level of EUR 138 million. As part of the deal, Telecom Italia agreed to waive EUR 100 million in loans owed by Telecom Italia Media to the parent company. Telecom Italia Media will continue to own a 51 percent stake in MTV Italia as well as its DTT broadcast operations.
Tags: eur
million
italia
telecom
Telecom Italia Media to sell La7 to Cairo Communication
2013-03-05 05:10:40| Telecom - Topix.net
Telecom Italia Media, the broadcaster controlled by Telecom Italia, has agreed to sell its loss-making La7 television channel to Cairo Communication.
Tags: media
sell
communication
italia
Telecom Italia sells La7 to Cairo Communication
2013-03-04 01:00:00| Total Telecom industry news
Italian incumbent announces 1 million deal.
Tags: communication
italia
telecom
sells
Cavotec secures ground support equipment orders for Hanoi, Cairo airports
2013-01-18 01:00:00| Airport Technology
Cavotec has received contracts for the delivery of its integrated ground support equipment (GSE) for installation at Hanoi's Noi Bai International Airport in Vietnam an Cairo International Airport in Egypt.
Tags: support
equipment
orders
ground